Post by del on Nov 19, 2012 18:30:55 GMT -5

It is a melancholy reflection that liberty should be equally exposed to danger whether the Government have too much or too little power, and that the line which divides these extremes should be so inaccurately defined by experience.
-- James Madison to Thomas Jefferson, October 17, 1788.

I think most people who cared enough already knew the details. Excellent to find them all in one place!

Imagine if this was your business:

" Today Hostess, with headquarters near Dallas, has a workforce of roughly 19,000 -- 83% of it unionized -- in 36 plants and more than 500 distribution centers across the country. The company remains one of the largest bakeries in the U.S. The Balkanized nature of its empire gave Hostess a piecemeal labor situation, including a matrix of 372 collective-bargaining agreements, a dozen separate unions, 5,500 delivery routes, and no fewer than 40 multi-employer pension plans that are despised by management."

What a headache!

All of the bargaining units did agree, including the Teamsters, except for one.

I think most people who cared enough already knew the details. Excellent to find them all in one place!

Imagine if this was your business:

" Today Hostess, with headquarters near Dallas, has a workforce of roughly 19,000 -- 83% of it unionized -- in 36 plants and more than 500 distribution centers across the country. The company remains one of the largest bakeries in the U.S. The Balkanized nature of its empire gave Hostess a piecemeal labor situation, including a matrix of 372 collective-bargaining agreements, a dozen separate unions, 5,500 delivery routes, and no fewer than 40 multi-employer pension plans that are despised by management."

What a headache!

All of the bargaining units did agree, including the Teamsters, except for one.

I agree with the emu...the bakers union was just the tipping point.

Imagine if you were a Hostess employee who'd spent 20+ years with the company and were being asked to come to work for a lower salary (second pay cut in 7 years), and were threatened with losing your promised pension, while the executives were promised bonuses adding up to millions.

Post by Dainty on Nov 20, 2012 23:02:50 GMT -5

Hostess Brands -- the company is in "Chapter 22" rather than merely Chapter 11. Loaded down, astonishingly, with nearly $1 billion in debt, privately held Hostess faces oblivion if its creditors, owners, and unions can't agree on how to restructure.

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plasmaball: Yes a woman's Orgasm is like trying to spot the wild snow leopard. You must wait weeks upon maybe months and if you are lucky you might spot a small puddle from this cunning creature called the orgasm. its more like sometimes you have to fake it becauseFeb 7, 2013 12:05:17 GMT -5